Question: Because guaranteed payments are treated the same as a payment to a non-partner, they: A. Will never decrease the partnership's ordinary income below zero. B.

Because guaranteed payments are treated the same as a payment to a non-partner, they:

A. Will never decrease the partnership's ordinary income below zero.

B. Are deducted against ordinary income first and then against separately stated income.

C. Require the partnership to issue a Form 1099-MISC.

D. Are generally deducted as a business expense by the partnership.

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